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incentive fees. They offer value for money as hedge funds managers display a positive monthly Jensen's alpha and a high Sharpe …
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In this article, we examine offshore hedge funds performance that pursues leveraged activities based on distressed securities. Distressed securities are related to the corporate bonds of bankrupted companies that start to get out from the crisis and are trying to reduce their loan exposures in...
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We study how mutual fund managers gain an edge in selecting stocks in an era of globalization. We use textual analysis … difference in four-factor alpha between the top and bottom OCI deciles amounting to 2.95% per annum. Fund managers' overweighing …
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We examine the performance of the offshore hedge fund industry over the period 1989 through 1995 using a database that includes defunct as well as currently operating funds. The industry is characterized by high attrition rates of funds and little evidence of differential manager skill. We...
Persistent link: https://www.econbiz.de/10012472919
We examine the performance of the offshore hedge fund industry over the period 1989 through 1995 using a database that includes defunct as well as currently operating funds. The industry is characterized by high attrition rates of funds and little evidence of differential manager skill. We...
Persistent link: https://www.econbiz.de/10012763669